NKLA BullishHigh bullish call and share volume. Also a breakout earlier in the day. Could come back down and test previous resistance but I will have gotten stopped out by then
NKLA trade ideas
Nikola: fade resistance? Nikola Corporation
Short Term - We look to Sell at 6.76 (stop at 7.51)
Preferred trade is to sell into rallies. Previous support, now becomes resistance at 6.70. The 20 day moving average should provide resistance at 6.67. The primary trend remains bearish. Our overall sentiment remains bearish looking for lower levels.
Our profit targets will be 4.83 and 4.10
Resistance: 6/70 / 8.00 / 11.00
Support: 5.00 / 4.00 / 3.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
$NKLA looking to rebound with the oversold E.V sectorE.V have not had an opportunity to fail yet, we're in the early stages . A rebound is likely as we see puts being closed out and long dated calls being accumulated across the E.V space
NKLA 3/30/22In a massive long-term downtrend.
Price is currently in downtrend rejecting dynamic resistance in 200ema.
This is a great chart on how to use Stochastic indicator:
In downtrend, when price pulls back to dynamic resistance and stochastic is over-bought, this is cue to enter trade short.
The past 4 times now price has pulled back to dynamic resistance of 200ema and stochastic has been in “over-bought” territory, price has made a down move.
We are currently at 200ema and stochastic is in over-bought.
Today’s candlestick closed a gravestone doji. Cue to enter short.
Will be entering trade short.
Entry: 11.12
Stop loss: 12.60
Target: 7.07, +36.48%, 2.76 RR ratio
Where does this NKLA run stop?Nikola has been on fire since announcing that the assembly line has started building trucks (200-500 trucks expected this year) while still working on phase 2 of building the plant. The stock price had been consolidating between 6.50 and 8.50, but with favorable market conditions NKLA ran all the way to 11.50 today at one point. I don't expect the price to keep climbing though, many rallies have stalled in the 11.50-12 range in the past year and i expect that resistance level to hold. Assuming that resistance level holds i'll be looking for a pullback to 9 (ideally) or 9.70 to add more shares before a next leg up which could be all the way up to 15 which would complete a stretched out inverse h&s pattern. While the inverse h&s pattern may not play out i still believe that 9s will be a good place to add shares if a pullback happens. Fundamentally NKLA has turned a corner and i believe the stock price is going to reflect that change in the coming year. GLTA
NKLA - Accumulation happening?Big volume accumulation days followed by low volume selling. seems like selling is getting absorbed above 6.44
Still has a lot to prove, but as a former runner, should be on your radar.
No position yet, but I'd like this to build above 9 for big move.
NKLA MACD DivergenceA chart for Nikola showing a massive MACD divergence that has been building ever since the peak
Attempting to pick the bottom is difficult, a + (positive) MACD would be a good start
I have no idea why this broke out so strongly in 2020, can someone fill me in?
This divergence is bullish LONG TERM
NKLAelon stole this mans name and his battery idea, these guys should have done bettter with thislol garbage
Nikola (NASDAQ: $NKLA) Trading At Massive Discount! 🤑Nikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions in the United States. The company assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. It operates in two business units, Truck and Energy. The Truck business unit develops and commercializes battery-electric (BEV) and fuel cell electric (FCEV) Class 8 trucks for the short, medium, and long haul trucking sector. The Energy business unit develops and constructs a hydrogen fueling ecosystem to meet hydrogen fuel demand for its FCEV and other FCEV customers. The company is headquartered in Phoenix, Arizona.
NKLA started production of its electric truckNikola Corp said it had started production of its electric truck.
NKLA started manufacturing its Tre battery electric vehicle in Arizona on March 21.
They will start production of the Tre BEV truck for the European market at its factory in Germany in June 2023.
i expect a price target of $13.90 and $19.15 eventually.
Looking forward to read your opinion about it.
Did NKLA finally bottom? Nikola may have finally put a bottom in around 6.50, it's backtested that region multiple times and it's been rallying hard since the last backtest. NKLA presented the public with a very big update on the future of the company today, they talk about how many trucks would be built at the coolidge facility as well as talking about current phase of construction going on at the facitlity and future additions to the building as well(NKLA is building the factory in 4 phases, phase 1 has been completed already). They gave updates on their energy partnerships with and other collaborations with pipeline companies to help with their goal of refining and delivering hydrogen fuel for the FCEV truck, also they gave updates on the Tre BEV and announced they'll build 200-500 Tre BEVs in 2022 and are pace to deliver 2000 Tre BEVs in 2023 as well delivering their first FCEV series trucks out of coolidge. With Nikola presenting the impressive amounts of progress this past year combined with aggressive timelines they've outlined this stock may have finally bottomed out. Nikola rallied hard into close on the heels of the presentation closing with a price of 10.16, this stock may have finally turned the corner and put the milton drama in the past.
NKLA 3/10/22Reentering this trade from previous trade idea. See previous trade idea for details
Entering trade short
Entry: 7.76
Stop loss: 8.22
Target: 6.63 – 14.12% RR ratio 2.18
NKLA medium/longtermIf NKLA is indeed a legitimate company, this is where it can potentially go overtime.
NKLA 2/21/2022NKLA
I wonder how many bag holders are still holding on to dear life to this thing hoping it returns to its highs.
NKLA was a Covid champion.
Price soared from 11.00 to 92.00 between April 2020 thru June 2020.
Since then, it’s been blood tears for the bag holders.
Price came crashing back to 30.00 by Aug 2020.
It moved sideways for another month before breaking down late Sept. 2020
By November 2020, price pulled back to support at 30.00 and turned it into resistance.
A death cross occurred during that time further confirming the bearish market.
Price then entered a downtrend.
The initial downtrend had pullback rejecting the 200ema, but the downtrend seems to be intensifying.
Currently, the price has pulled back to the 50ema in from of a bear flag.
The price is also rejecting the 0.382 fib level. This will be my que to enter trade.
Entering trade short
Entry: 7.97
Stop loss: 9.11
Target: 6.67 – 16.31% RR ratio 1.14
NKLA - Bumps Leaps Flags 🏳️Interesting to watch NKLA trend change over time since the blow off top.
First there were deep crashes followed by bumpy V shaped recoveries.
And those recoveries impulsed into leaps that tagged the 200DMA.
Then as the leaps became smaller we had a drifting up and sideways flaggy bottom.
And then the leaps weakened as the 200DMA pressed down.
And now there are no leaps, only flags and capitulations.
Those capitulations will likely lead to deeper capitulations and at some point the selling climax which I think will be around $2.
Not advice.
company of the future strong buy apart from the controversy with the foundation of the company the company's fundamentals and technology is solid
NKLA: Lower Levels Ahead? Nikola Corporation - Short Term - We look to Sell at 9.22 (stop at 10.48)
Preferred trade is to sell into rallies. Previous support, now becomes resistance at 9.50. 50 1day EMA is at 9.65. The primary trend remains bearish. Our overall sentiment remains bearish looking for lower levels.
Our profit targets will be 5.09 and 4.10
Resistance: 9.50 / 10.00 / 12.00
Support: 7.00 / 6.00 / 5.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NKLA - Is a (dark) Phenix?If we look at the consequent lower maximum price for NASDAQ:NKLA , we can see that the trading pressure is lowering too: indeed, the time between each max-price and the following is increasing.
Usually, when this happens means that the traders are liquidating their positions and then not coming back. Considering all the scandals in which this company was involved in, that's quite reasonable.
--- BUT ---
Will they come back?
In my opinion, it depends on the next earnings:
EARNING +: If the company will provide proofs of good conduit, reaching the targets and being in line with their schedule, we can see a huge bounce up in the price of the company;
EARNING =: If it will release a just below the line results, essentially the bull-bear match will be rescheduled to the next earnings; in this case we will see a price ranging from recent max-min prices;
EARNING -: If it won't meet most of the targets, we will see falling the price probably under 4$.
However, I believe in the new management, so I prepend for the EARNING + exit; let's go!
NKLA 🤠NKLA - I think we have a little more to look forward to. From the side channel that made it, I think it's still coming down.
NKLA - starting to show strength in the key support- Doble bottom - check
- short term supply test - check
- Tightening range above support - check.
News is acting as a catalyst for higher price. early, but should be on the radar for 2022.
upside targets 14, 18, 25
SL: 9.7
NIKOLA (NKLA) - Current planThis is my current idea. I expect the price to touch the bottom channel and bounce. I personally think this could the bottom for NASDAQ:NKLA .
#DYOR #NotAFinacialAdvice
NKLA hasn't broken channelI am long NKLA for the next few years, but based on the chart I'm seeing I haven't found a buy entry (yet). NKLA has an intent to buy from Saia of 100,000 trucks over the next 4 years which is promising, but only 25k of those trucks are going to roll off the assembly line this year if the contract gets signed. Another thing to consider is where the stock is now. NKLA has settled at a support area which is where it was when this stock IPO'ed which is also promising. However, if this support can't be held, we may see this stock slip to the 3.618 fib retracement level at $7. I am personally waiting until the descending channel is broken before longing this stock.
Not financial advice
